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A Thousand Natural Shocks With Gabe S. Dunn

Senator Elizabeth Warren: Student Loans & Wealth Taxes

A Thousand Natural Shocks With Gabe S. Dunn

Gabe Dunn | Diamond MPrint Productions

Education, News Commentary, Self-improvement, History, Personal Journals, News, Society & Culture

4.52.6K Ratings

🗓️ 21 July 2021

⏱️ 36 minutes

🧾️ Download transcript

Summary

Senator Elizabeth Warren joins Gaby to put pressure on President Biden re: student loan forgiveness and to rip into billionaires opposing the wealth tax. You heard that right. Elizabeth Warren is our guest this week. Why isn't Biden cancelling 50K of federal student loan debt? Then, Gaby talks to their good college friend and Boston local Kasey Fielding, first in her family to go to college, about her 70K in student loans and what would realistically help her pay them back. Her plan right now? Die with them.  For a transcript of the show: bit.ly/BWMS8E3Transcript If you'd like to see the video of Leon Cooperman crying go here: www.youtube.com/watch?v=0bSONye1F5M Follow Gaby Dunn on Instagram: @GabyRoad Follow Bad With Money on Instagram: @BWMpod Join the Bad With Money Community on Facebook: facebook.com/groups/398914378105641/ Shop gabydunn.com/shop for merch! Follow Senator Elizabeth Warren on Instagram: @SenWarren Follow Senator Elizabeth Warren on Twitter: @SenWarren Follow Senator Elizabeth Warren on Facebook: facebook.com/ElizabethWarren/ Follow Kasey Fielding on Instagram: @Kasey_Lately To contact Kasey about real state visit: raveis.com/agentdirectory/Brookline/23502 Bad with Money is produced and edited by Lindsey Floyd. It is sound engineered and mixed by Joey Salvia. The Executive Producer is Lindsey Floyd. The theme song was performed by Sam Barbara and written by Myq Kaplan, Zach Sherwin, and Jack Dolgen. Additional music by Joey Salvia. Learn more about your ad choices. Visit podcastchoices.com/adchoices Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

Click on a timestamp to play from that location

0:00.0

You got problems that you oughta be concerned with.

0:03.4

You don't know how you're supposed to earn it or what to do with it or how to keep it.

0:08.0

You're a freak with a dark shame, both secret, but you're not the only one.

0:13.0

Teach your hidden financial fears with a blast of sun.

0:16.5

Now your healing has begun.

0:19.0

It's bad with money with Gabby.

0:21.5

Done.

0:22.5

Hi, I'm Gabby Dunn and this is my show Bad with Money.

0:26.5

A podcast about finances and feelings for real people who want relatable advice and education.

0:33.5

You all saw the title of this episode.

0:37.0

Let's get into it.

0:41.5

Do you know how easy it would be to cancel all federal student loan debt?

0:46.5

The numbers quoted everywhere, including the Office of Federal Student Aid and EducationData.org,

0:52.5

show that around 45.3 million Americans have debt that totals $1.6 trillion.

0:59.5

$1.6 trillion with a TR.

1:04.5

Since taking office in January and as of July 9th when I'm writing this,

1:09.5

President Joe Biden has canceled a total of $3 billion of that debt.

1:14.5

Yet somehow that doesn't even scratch the surface.

1:19.5

Is it true that the President could cancel $50,000 of federal student loan debt per borrower,

1:25.5

which is the prevailing congressional proposal by taking five minutes to sign an executive order?

1:31.5

Yeah, kind of.

1:33.5

Biden could really grab an ice cream cone with one hand and sign away 50k of student debt with the other.

...

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